silverpv wrote:Yeah doesn't look like it's done yet. I have sell orders on eth set at 0.15 to btc for a handful. It's hard to say which direction it'll go though. $90 swings overnight is a traders dream though

You're more optimistic than I am. It did get over .145 at the peak, I think, but I am not holding out for that. Currently it's about .117 and I set small sell orders at .130 and .135. Even that I'm not confident will hit. You have to think the market will smarten up after a crash... but actually it seems to like the wild swings. More quick money to be made that way.

silverpv wrote:Yeah doesn't look like it's done yet. I have sell orders on eth set at 0.15 to btc for a handful. It's hard to say which direction it'll go though. $90 swings overnight is a traders dream though

You're more optimistic than I am. It did get over .145 at the peak, I think, but I am not holding out for that. Currently it's about .117 and I set small sell orders at .130 and .135. Even that I'm not confident will hit. You have to think the market will smarten up after a crash... but actually it seems to like the wild swings. More quick money to be made that way.

I also have buys @ $1 for eth. I leave some stuff on the exchanges, and given what's happened a couple times, i'm setup and going to leave it there. I still have other orders inbetween, but setup extreme ones just incase we see stuff like last week. .13-135 is definitely more realistic.

silverpv wrote:I also have buys @ $1 for eth. I leave some stuff on the exchanges, and given what's happened a couple times, i'm setup and going to leave it there.

The only place that happened was GDAX, not sure if others (I am mostly Bittrex) have safeguards against that. The thing about the flash crash is that GDAX/Coinbase bailed out its customers who got pulled down into the abyss... but it also let those who bought ETH for cheaper than the price of a candy bar keep their purchases. Not sure I understand the logic there: either you play by the rules or you don't. I guess they figured the PR would be so bad that it was cheaper to let people with margin calls have a mulligan. Now what if some of those people ALSO bought ETH down in the depths? They get back the ETH they lost, plus they get a bunch of super-cheap ETH to boot. Anyway, I assume GDAX is putting some mechanism in place to prevent that from happening again.

silverpv wrote:I also have buys @ $1 for eth. I leave some stuff on the exchanges, and given what's happened a couple times, i'm setup and going to leave it there.

The only place that happened was GDAX, not sure if others (I am mostly Bittrex) have safeguards against that. The thing about the flash crash is that GDAX/Coinbase bailed out its customers who got pulled down into the abyss... but it also let those who bought ETH for cheaper than the price of a candy bar keep their purchases. Not sure I understand the logic there: either you play by the rules or you don't. I guess they figured the PR would be so bad that it was cheaper to let people with margin calls have a mulligan. Now what if some of those people ALSO bought ETH down in the depths? They get back the ETH they lost, plus they get a bunch of super-cheap ETH to boot. Anyway, I assume GDAX is putting some mechanism in place to prevent that from happening again.

Yeah, that's the thought, but it's happened on poloniex as well, just not as low. If i need the funds i'll cancel the order, otherwise perhaps another hail mary. If it doesn't play out, no worries. It's not much, $250. Yes, ultimately it was a huge marketing expense, which is likely to be one time.

Well, bought as in converted some stored BTC into ETH. I didn't pour more cash into it. Yes, I bought near the bottom, $220 or $230, in that range. Pretty soon I'll probably convert some back to Bitcoin and other things. Too many eggs in one basket.

There was no technical analysis behind it, just an uneasy feeling that things weren't adding up, and that I was holding too much. I believe there are parts of our brains that make calculations we non-geniuses aren't even conscious of, and the results manifest themselves as gut feelings. Don't blindly trust your gut, but listen to it.

September 18th is the next major milestone date for Ethereum. ETH has taken a bit of a backseat for me with NEO, Qtum, Tezos & EOS in the forefront, but make no mistake - it is still the big player in the DAPP space.